Overview
- The Sizewell C project in Suffolk will feature two 1.63 GW EPR reactors and is slated to take nine to twelve years to complete.
- Financing will use a Regulated Asset Base model that guarantees investor returns through a levy on electricity bills.
- Officials estimate Sizewell C will generate around 10,000 jobs during construction and operation.
- A parallel £2.5 bn investment will advance small modular reactor technology with first units planned for grid connection in the mid-2030s.
- The nuclear push underpins the UK’s goal of phasing out fossil fuels by 2030 and contrasts with Germany’s completed nuclear exit.